Prime Drives Private Limited
About Prime Drives Private Limited
Data last updated:
Prime Drives Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 15 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29304TZ2020PTC034101. Its GSTIN is 33AALCP2479C1ZG (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Damodaraswamy Diliphan and Senthilkumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3/142 B Koraikadu Thottam A – 1 Nagar Kangeyampalayam Sulur Near A Thottam, Coimbatore, Tamil Nadu, India – 641401.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.08 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Lakh (net margin -1.5%) and EBITDA of ₹19.91 Lakh (EBITDA margin 9.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
As per MCA filings, the company has open charges of ₹1.19 Cr and satisfied charges of ₹1.04 Cr on record.
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- Registered Address3/142 B Koraikadu Thottam A – 1 Nagar Kangeyampalayam Sulur Near A Thottam, Coimbatore, Tamil Nadu, India – 641401
- IndustryAutomotive, Auto Parts & Components
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Prime Drives Private Limited
The main business activity of Prime Drives is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Prime Drives Private Limited FY 2025 filings available
Prime Drives Private Limited reported revenue of ₹2.08 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Prime Drives Private Limited
Revenue rose 14% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 322% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Prime Drives Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.91 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.04 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Prime Drives Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Prime Drives are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Prime Drives Private Limited
Prime Drives Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premier Auto Components Private Limited | ₹2.1 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Delhi, India |
| Elgreen Metex Private Limited | ₹2.09 Cr (FY 2025) | •••• | •••• | 2506.0% | •••• | Noida, Uttar Pradesh, India |
| Motorhunk Private Limited | ₹2.09 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Kumar Auto Parts Pvt Ltd | ₹2.09 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Punjab, India |
| NMC Automobiles (India) Private Limited | ₹2.09 Cr (FY 2023) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Prime Drives Private Limited this company | ₹2.08 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Coimbatore, Tamil Nadu, India |
| Aristocraft BMG Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | 5029.0% | •••• | Delhi, India |
| Jain Fourwheel Private Limited | ₹2.08 Cr (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Swapnil Switches Private Limited | ₹2.07 Cr (FY 2025) | •••• | •••• | -74.0% | •••• | New Delhi, Delhi, India |
| Samprama Digitek (I) Private Limited | ₹2.07 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Pune, Maharashtra, India |
| Badridas Lakhichand Engineering Company Private Limited | ₹2.07 Cr (FY 2019) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Prime Drives by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Prime Drives Private Limited
Prime Drives Private Limited is audited by ACCAMMA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ACCAMMA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Prime Drives Private Limited
Prime Drives has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damodaraswamy Diliphan | Director | 10 Aug 2020 | 6 Years 2 Months | Current |
| Senthilkumar | Director | 10 Aug 2020 | 6 Years 2 Months | Current |
| Damodaraswamy Chandru Also directs: Servo Polytech Coimbatore Private Limited | Director | 15 Jul 2020 | 6 Years 2 Months | Current |
| Mohan Sripathy | Director | 15 Jul 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of Prime Drives Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Prime Drives Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2025 | State Bank of India | ₹35 Lakh | Open |
| 26 Jun 2025 | State Bank of India | ₹60 Lakh | Open |
| 31 Jan 2021 | Others | ₹23.6 Lakh | Open |
| 08 Oct 2020 | Others | ₹72.45 Lakh | Satisfied |
| 08 Oct 2020 | Others | ₹31.2 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Prime Drives Private Limited
Employment history and EPFO contributions of people linked to Prime Drives.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Prime Drives Private Limited
Prime Drives Private Limited has 4 board changes on record since 2020: 4 appointments. The latest: Damodaraswamy Diliphan was appointed as Director on 10 Aug 2020.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Prime Drives Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Prime Drives Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prime Drives Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Prime Drives Private Limited
Prime Drives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AALCP2479C1ZG | Tamil Nadu | Active | 01 Aug 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Prime Drives Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Prime Drives Private Limited
Prime Drives is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 15 July 2020 (6+ years old) and is registered under CIN U29304TZ2020PTC034101.
Prime Drives reported revenue of ₹2.08 Cr for FY 2025 (up 14% YoY).
Prime Drives has 4 current directors:
- Damodaraswamy Diliphan - Director
- Senthilkumar - Director
- Damodaraswamy Chandru - Director
- Mohan Sripathy - Director
Prime Drives reported a net loss of ₹3.04 Lakh (net margin -1.5%) and EBITDA of ₹19.91 Lakh (EBITDA margin 9.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prime Drives is -10% over three years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prime Drives is 33AALCP2479C1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Prime Drives is U29304TZ2020PTC034101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Drives was incorporated on 15 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Prime Drives by revenue are Premier Auto Components Private Limited, Elgreen Metex Private Limited, Motorhunk Private Limited, Kumar Auto Parts Pvt Ltd, NMC Automobiles (India) Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).
Damodaraswamy Diliphan was appointed as Director on 10 Aug 2020. Senthilkumar was appointed as Director on 10 Aug 2020. Damodaraswamy Chandru was appointed as Director on 15 Jul 2020. Prime Drives has 4 board changes on record in total.
The registered office of Prime Drives is at 3142 B Koraikadu Thottam A – 1 Nagar Kangeyampalayam Sulur Near A Thottam, Coimbatore, Tamil Nadu, India – 641401.